Kibo Energy (LON:KIBO) Share Price Crosses Below Two Hundred Day Moving Average of $1.00

Kibo Energy PLC (LON:KIBO) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.00 and traded as low as $0.71. Kibo Energy shares last traded at $0.71, with a volume of 1,175,493 shares.

The stock has a market capitalization of $5.79 million and a price-to-earnings ratio of -1.21. The company has a quick ratio of 2.46, a current ratio of 2.46 and a debt-to-equity ratio of 3.29. The business has a 50-day simple moving average of GBX 0.80 and a two-hundred day simple moving average of GBX 1.

Kibo Energy Company Profile (LON:KIBO)

Kibo Energy PLC, together with its subsidiaries, explores for and develops coal and other minerals in Africa. It also explores for nickel, gold, and platinum group metals. The company's flagship project is the Mbeya coal to power project that comprises 22 tenements located in south-western Tanzania.

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